Business, 22.07.2019 22:20 misspicafunpoke

Suppose amy is a cinephile and buys only movie tickets. amy deposits $3,000 in a bank account that pays an annual nominal interest rate of 5%. assume this interest rate is fixed—that is, it won't change over time. at the time of her deposit, a movie ticket is priced at $10.00.initially, the purchasing power of amy's $3,000 deposit is movie tickets. for each of the annual inflation rates given in the following table, first determine the new price of a movie ticket, assuming it rises at the rate of inflation. then enter the corresponding purchasing power of amy's deposit after one year in the first row of the table for each inflation rate. finally, enter the value for the real interest rate at each of the given inflation rates. hint: round your answers in the first row down to the nearest movie ticket. for example, if you find that the deposit will cover 20.7 movie tickets, you would round the purchasing power down to 20 movie tickets under the assumption that amy will not buy seven-tenths of a movie ticket. annual inflation rate0% 5% 8%number of tickets amy can purchase after one year real interest rate when the rate of inflation is greater than the interest rate on amy's deposit, the purchasing power of her deposit rises/falls/remains the same over the course of the year.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 03:00

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.

Answers: 2

Answer

Business, 22.06.2019 10:30

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

Answers: 1

Answer

Business, 22.06.2019 14:20

Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?

Answers: 1

Answer

Business, 22.06.2019 18:20

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.

Answers: 3

Answer

You know the right answer?

Suppose amy is a cinephile and buys only movie tickets. amy deposits $3,000 in a bank account that p...

Questions